Gear Energy Ltd. Announces New Corporate Presentation to Shareholders

Rhea-AI Summary

Gear Energy (TSX: GXE) (OTCQX: GENGF) has announced the release of a new Corporate Presentation providing additional information about the arrangement agreement dated December 2, 2024. The company plans to release further details about the Agreement, including 2025 budget and guidance and 2024 reserves, later in December.

News Market Reaction

-4.38%

1 alert

-4.38% News Effect

On the day this news was published, GENGF declined 4.38%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Calgary, Alberta--(Newsfile Corp. - December 10, 2024) - Gear Energy Ltd. (TSX: GXE) (OTCQX: GENGF) is pleased to announce that a new Corporate Presentation with additional details on the December 2, 2024 arrangement agreement (the "Agreement") is available to shareholders and can be accessed via the following link: Corporate Presentation. Further details on the Agreement, including a 2025 budget and guidance and 2024 reserves, will be provided later in December.

FOR FURTHER INFORMATION PLEASE CONTACT:

Kevin Johnson
President & CEO
403-538-8463
Email: info@gearenergy.com
Website: https://www.gearenergy.com/

David Hwang
Vice President Finance & CFO
403-538-8437

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233155

FAQ

When will Gear Energy (GENGF) release its 2025 budget and guidance?

According to the announcement, Gear Energy will release its 2025 budget and guidance later in December 2024.

What information is included in Gear Energy's (GENGF) new Corporate Presentation?

The new Corporate Presentation includes additional details about the December 2, 2024 arrangement agreement. Specific details about 2025 budget, guidance, and 2024 reserves will be released later in December.

When was Gear Energy's (GENGF) arrangement agreement announced?

The arrangement agreement was announced on December 2, 2024.